Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Deflation: As Good As Gold?

By -

It has been a year since gold began its downward biased consolidation out of the acute phase of the Euro meltdown and resulting hysteria.  In that time, the deflation case was released from the jail that had been a heightened public fear of inflation (the pinnacle of which was in spring of 2011, a time when bond king Bill Gross was very famously short long-term US Treasury bonds).

 

(more…)

Still Leaning Bearish (by Springheel Jack)

By -

I mentioned yesterday that ES and SPX were looking short term toppy and that's even more the case today. On ES we have a possible rising wedge forming as I mentioned yesterday, and within that rising wedge ES has broken short term (weak) rising support and now formed a possible double-top. On a break below 1390 the pattern target is in the 1378 area, but I'd really be looking for a move to rising wedge support in the 1370 area. 

(more…)